Think and Grow Rich -- Secrets of Success Flashcards

1
Q

How can we accomplish our aims in life?

A

By being driven by a burning desire to succeed. Thomas Edison failed 10,000 times.

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2
Q

Why did Thomas Edison succeed after failing so many times (10,000)?

A

Driven by the desire to make his dream come true.,

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3
Q

Why did writer Fannie Husrt succeed after suffering through 36 rejections?

A

Burning desire to succeed was stronger than the feeling of frustration after getting rejected so many times.

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4
Q

What are your attitudes towards setting up goals and reaching dreams?

A

Is it a burning desire strong enough to make them come true one day?

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5
Q

What is the basis of every achievement?

A

Goal setting and detailed planning.

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6
Q

What do people that succeed have in common?

A

Knowing exactly what they want to achieve.

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7
Q

Should you define the goal you are chasing as precisely as you can?

A

What do you think?

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8
Q

Do you have a clear understanding of when you want to achieve your goal and what are you prepared to invest to accomplish it?

A

Do you?

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9
Q

How can you succeed?

A

Having an unwavering faith in yourself and making sure that you can – and will – achieve your goals

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10
Q

What is the basis of success?

A

Having self-confidence in yourself. Our own faith in ourselves has an enormous influence on our self-image and way of life. It can – in the truest sense of the word – help us move mountains.

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11
Q

Is unwavering success something that you are born with?

A

Anybody can develop it – bit by bit – through auto-suggestion.

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12
Q

What is auto-suggestion?

A

A way of influencing yourself by thinking very specific and purposeful thoughts or ideas. It consists of persuading yourself that you can in fact reach your goals. Your thoughts can be transformed into reality and you must go your own way with confidence.

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13
Q

Best way to use auto-suggestion?

A

The more you use it the more likely you are to achieve success. By impressing your desired and goals in your unconsciousness, it will steer all your thoughts and actions towards making them come true.

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14
Q

Knowledge is power – does it have to be what you learned in school?

A

No

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15
Q

Give me an example of someone who didn’t even have a high-school diploma but made an empire?

A

Henry Ford created an industrial empire.

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16
Q

How to be successful?

A

Don’t focus on learning too many facts; acquire the right experiences and knowledge, use your strengths, and fully exploit your potential.

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17
Q

Always expand your knowledge

A

By actively learning and never be complacent.

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18
Q

Do you need to know everything yourself?

A

No, know where to find the knowledge you need. Books, online, papers, people?

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19
Q

Best way to expand your knowledge and succeed?

A

It’s usually more practical and productive to be surrounded by a network of experts who share their specialized knowledge than to learn it all yourself.

20
Q

Every success story starts with an idea and behind each idea is the imagination. What are the different forms of imagination?

A

Creative imagination and synthetic imagination.

21
Q

What is creative imagination?

A

Coming up with completely new things. Composers, writers musicians.

22
Q

What is synthetic imagination?

A

It rearranges old ideas into new combinations.

23
Q

Can creative and synthetic imagination play off one another in a productive way? Give an example?

A

Asa Candler, who formed Coca-Cola out of headache medication. Asa, bought the recipe for $3000 and, with an ingenious plan and marketing strategy, turned it into a product into a huge success.

24
Q

Can you train your imagination (like taking it to the gym)?

A

Yes, keep it active like a muscle. The more you use it, the more productive and powerful it will become.

25
Q

One of the most important things for professional success?

A

Awareness of your own strengths and weaknesses – essentially, being self-aware.

26
Q

Things that can result in failure?

A

Vague goals, lack of ambition, procrastination, and lacking resolve, determination, perseverance, and grit.

27
Q

Are positive emotions key to a successful life?

A

Yes! Our subconscious receives and stores sensory stimuli, feelings and thoughts. It saves all of our experiences – both positive and negative.

28
Q

Does our subconscious exercise influence our actions?

A

Constantly! It can shape us positively, endowing strength and enterprise, but it can also shape us negatively, misleading us into despair and pessimism.

29
Q

How can we use our subconscious to help us realize our desires and goals?

A

By constantly feeding it positive feelings that can play a leading role in our lives.

30
Q

Control your emotions and feed it positive emotions.

A

Refrain from feeding it negative emotions. Feed it love, enthusiasm, and have a positive mentality.

31
Q

Others key to success?

A

Have a degree of stubbornness and take others’ opinions to a point – you also have to have determination and faith in yourself and your ideas and what you want to achieve. Only you have spent the time thinking about it and now the end game of it.

32
Q

How to increase persistence and endurance into your habits?

A
  1. Concrete goals and a burning desire to achieve them. 2. A thorough and precise plan to support the implementation of your goals. 3. Don’t allow yourself to be influenced by negative and disheartening opinions. 4. Intimate a trusting relationship with a person or a group that provides you with support and assistance.
33
Q

How to achieve great and big things?

A

Surround yourself with intelligent people. The bigger the goal, the more complex the planning; the more complex the planning, the more difficult the execution; the more complex the execution, the more dependent the brains behind the project will be on the creative, intellectual and moral support.

34
Q

What is a brain trust?

A

The mutual backing of a select group of intelligent people to reach a goal. Unlike a network – casual cooperation between partners – focuses on defining a common goal, developing competencies and having a system of checks and balances.

35
Q

What is the most important principle of a brain trust?

A

Is the synergistic effect. Suppose two or more people who work well with one another combine their skills, talents, specialist knowledge, experiences, relationships, and other resources and use them to accomplish the same shared goal. The results will be more than just the sum of its parts: it’s a surplus with which you can achieve things you could have never achieved alone.

36
Q

Is wealth the result of luck or coincidence?

A

No, it results in different traits and skills that anyone can learn and acquire.

37
Q

How can we find the right goals in life and how do we translate them into action?

A
  1. We can only accomplish our aims in life if we are driven by a burning desire. 2. Goal setting and detailed planning are the basis of every achievement. 3. Successful people have unwavering faith in themselves. 4. By using auto-suggestion, our subconscious can influence our behavior.
38
Q

Which skills and knowledge are necessary for achieving success?

A
  1. Knowledge is power. 2. The workshop of the imagination – where we can turn our dreams into reality. 3. Knowing your own strengths and weaknesses increases your chances of professional success. 4. Positive emotions are the key to a successful life – and need to be strengthened.
39
Q

What approach do successful people take when realizing their goal?

A
  1. They are remarkable for their determination and steadfastness. 2. Only the persistent will succeed. 3. Achieving great things requires being smart and surrounding yourself with intelligent people.
40
Q

Additional lessons 1:

A
  1. Money can give you freedom. 2. Happiness is a choice to remain in the present moment. 3. A quiet mind is a happy mind – mute the monkey chatter. 4. Discovering what calms your mind and building good habits are keys to happiness.
41
Q

Additional lessons 2:

A

Making money and being happy are skills. At heart, they are about about making good decisions. Avoid bad investments, whether you are talking about time or money. That means, TRUST YOUR GUT! if you can’t decide, say no.

42
Q

Additional lessons 3:

A

Good Investments are compounded – and yeild outsized returns. True of capital as it is about reputation.

43
Q

Additional lessons 4:

A

Happiness, meanwhile, is a decision to be in the moment and turn the volume of your monkey mind down a notch.

44
Q

Best way of turning down the volume on your monkey mind?

A

MEDITATION!

45
Q

Additional lessons 5:

A

LEAN into short-term pain.